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Selling Price and Amount Spent Advertising Were Entered into a Multiple

Question 3

Multiple Choice

Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales. The correct null and alternative Hypotheses for testing the regression coefficient of Price is


A) H0:βP0Vs.HA:βP=0\mathrm { H } _ { 0 } : \beta _ { \mathrm { P } } \neq 0 \mathrm { Vs } . \mathrm { H } _ { \mathrm { A } } : \beta _ { \mathrm { P } } = 0
B) H0:βP0 vs. HA:βP<0\mathrm { H } _ { 0 : } \beta _ { \mathrm { P } } \geq 0 \text { vs. } \mathrm { H } _ { \mathrm { A } } : \beta _ { \mathrm { P } } < 0
C) H0:βP0 vs. Ha:βP>0\mathrm { H } _ { 0 } : \beta _ { \mathrm { P } } \leq 0 \text { vs. } \mathrm { H } _ { \mathrm { a } } : \beta _ { \mathrm { P } } > 0
D) H0:βP=0 vs. HA:βP0\mathrm { H } _ { 0 : } \beta _ { \mathrm { P } } = 0 \text { vs. } \mathrm { H } _ { \mathrm { A } } : \beta _ { \mathrm { P } } \neq 0
E) H0\mathrm { H } _ { 0 } The regression is not significant vs. HA\mathrm { H } _ { \mathrm { A } } The regression is significant.

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